2024 Irs 401 K Maximum Contribution Limits

2024 Irs 401 K Maximum Contribution Limits. For example, if you pay $3,000 toward your student loan for the year and your employer has a 401(k) match of 50%, they could kick in $1,500 (or 50% of $3,000) to. The dollar limitation for catch.

This amount is an increase of. Total 401 (k) plan contributions by an employee and an employer cannot exceed $69,000 in 2024.